With the ongoing pandemic and risk of transmission, returning business operations to the workplace calls for extra considerations and an innovative approach to related policies. These suggestions from Gallagher Bassett are intended to help business owners and managers develop an outline for effectively implementing new procedures and enabling employees to adjust to them comfortably.
Nothing stands still, least of all in business. Chances are your company has changed in large or small ways, but has your insurance kept pace? Could you be over or under insured? These are some of reasons why it’s important to do a regular business insurance risk review. Here’s how you could benefit.
As insurance becomes tougher to obtain generally, insurers are requiring increasing amounts of information about claims. Having this information to hand relies on good housekeeping – as does minimising the risks in the first place.
As numbers of attacks have risen in the past year the Australian government has warned that businesses need to be prepared, with the right defences and recovery resources.
In anticipation of increased mergers and acquisitions activity for local and global business buy and sell transactions influenced by the forces of COVID-19 business impacts and uncertain economic conditions, insurers are looking to new uses of cover to for businesses to ensure they’re covered for unknown risks as well as the known.
Self-care is key to returning to work after the holiday break, whether that’s from home or back in the office. Having control over your mind and the way you think helps you process the world and achieve wholeness in your life. Here we share 5 resolutions worth keeping, from Gallagher Bassett.
Employment practices and growing concern around potential issues of staff working from home, along with factors surrounding employment disputes such as religious beliefs are new factors for consideration against a background of caution in relation to directors and officer’s liability insurance cover.
After a year of extraordinary conditions Gallagher has released its Global Mergers & Acquisitions Outlook Report, January 2021. Following 2019 when M&A insurance capacity expanded significantly to meet increased competition, providers were forced to reassess their positions and adapt rapidly by innovating their offerings to a reduced market. The report covers the key developments likely to...
A business owner’s attempt to contain costs by performing maintenance on his fleet of trucks sadly proved fatal for one of his drivers, earning him and another employee who assisted with the repairs the maximum penalties under Work Safe laws. The case is a cautionary lesson on the importance of following legal requirements in relation to critical work being performed by properly qualified...
After a long downward trend in workplace fatalities Safe Work Australia’s Key Work Health and Safety Statistics, Australia 2020 has recorded an uptick for 2019 across all states, signalling the need for greater controls and caution. Here is a summary of some of the key findings, along with how our Gallagher Workplace Risk practice can help your business with safety management.
After a year of challenges for the world when businesses have been forced to respond to the impact of COVID-19, we are now confronting a host of new considerations in what was already a cautious insurance market. In this edition of our bi-annual Business Insurance & Risk Market Update we look at the risks and opportunities that are emerging for 2021.
Australia is one of the world’s richest targets for cyber criminals, according to data cited by Serge Maillet, Head of Cyber Security for Siemens Digital Industries, when presenting at the recent Australian Cyber Security Week 2020. Gallagher’s own Head of Cyber/Technology Practice Leader Robyn Adcock attended to find out how businesses can protect themselves. Here are her key takeaways.
Protect your business from severe weather events including fires with these precaution checklists to action ahead of a threat and guides for how to be prepared for emergency conditions.
Extreme weather events or natural disasters are a fact of life for Australian businesses all over the country. Either bushfires, cyclones, storms or heavy hail can affect many areas, causing threats to safety, damage to property and interruptions to transport, communications and business activities. It only makes sense to be prepared. Here’s our guidelines to some of the key essentials.
One size doesn’t fit all: signs you need specialist jewellery insurance
Specialist jewellers, like pearlers or artisan jewellers, regularly handle unique items and rare or valuable materials. This raises the amount of risk they’re exposed to as a business. Why? Because:
Special Olympics, the global inclusion movement dedicated to empowering people with intellectual disabilities through sport, and Gallagher, a global insurance brokerage, risk management and consulting services firm, are expanding their partnership to include five regional markets across the globe to help scale Special Olympics sport and coach development programming at the community level. The...
Obtaining the insurance cover your small to medium (SME) sized business needs on terms that you can meet can be challenging, especially when the insurance market is in a ‘hard’ cycle, driving higher premiums and reducing availability of cover. Tackling these challenges with a business insurance broker to work through these conditions will help you achieve the best possible outcome.
Proposed legislation reforms to the Australian insolvency regime include the creation of a new class of practitioner: the Small Business Restructuring Practitioner (SBRP). The Gallagher Insolvency & Turnaround (Gallagher I&T) team has reviewed and updated our relevant bespoke insolvency insurance policies to take in to account the risks of this new professional model. Here’s a summary of the...
When disaster strikes isn’t the time to discover limitations in your commercial property insurance, especially if one event has triggered a cascade of further issues. But there is property insurance available to larger business operations that extends to consequential losses without the need to specify what they are: industrial special risks insurance. Here’s how it can plug gaps you might not...
Obtaining critical insurance protection has become increasingly challenging for food producers, who must manage multiple areas of risk in their operations and are facing stringent risk management expectations from insurers. Our industry insight addresses the key areas of risk management, detailed in this produced with the Gallagher Food Production practice.